BluMetric Announces CEO Appointment
OTTAWA, Feb.20, 2018 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM) is very pleased to announce the appointment of its new Chief Executive Officer, Scott MacFabe, PHg, PG. His starting date will be 01 March 2018.
Scott MacFabe is a strong and experienced executive with an extensive and varied background in environmental consulting in both Canada and the United States. He has been responsible for acquisition integration, and has led sizeable operations that served large clients and provided solutions to complicated environmental challenges. Most recently, Mr. MacFabe worked with an executive management team to reorganize and expand a premier US water/industrial/environmental firm. As part of that expansion, he was responsible for the development of a team which won and successfully executed the single largest design/build remediation project in the history of the firm. Earlier in his career, Mr. MacFabe helped to build an industrial/commercial consultancy firm and grew its sales to $50 million. His company was acquired by a major public multinational environmental consulting firm and he stayed on to assist with integration and to grow their Canadian operations. A Waterloo graduate in hydrogeology, Mr. MacFabe holds both professional hydrogeology and geology accreditations.
"Taking the helm of BluMetric Environmental is both a privilege and a logical and exciting next step in my professional career," said Scott MacFabe. "BluMetric is at an inflection point in its development. With my operational experience, US contacts, and broad range of environmental responsibilities with a wide variety of clients in many different sectors, I look forward to contributing to the efforts of BluMetric's solid senior team to realize significant growth and expansion."
"Scott has the business acumen, industry experience, technical background, and sector understanding to benefit BluMetric as we continue and increase our pace of growth," said Jane Pagel, who chairs BluMetric's Board. "As well as being both a hydrogeologist and a geologist, over the past 30 years Scott has facilitated sales turnarounds, reorganizations, diversification, acquisitions, and corporate integrations in the companies he has worked with, so he is very familiar with a fast-paced and flexible environment such as BluMetric's. We are very pleased to have him join our team."
About BluMetric Environmental Inc.
BluMetric Environmental Inc. is a publicly traded cleantech company with a portfolio of industry-leading engineering services and proprietary equipment providing sustainable solutions to environmental challenges. Headquartered in Ottawa, Ontario, BluMetric's team of industry experts serves clients in Canada, the United States, and Central America.
For more information, visit www.BluMetric.ca.
Forward-Looking Statements
Some of the statements in this press release, including those relating to the Company's discussions of contractual agreements, future products, opportunities, cost initiatives, strategies, and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates, and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE BluMetric Environmental Inc.
Jane E. Pagel, Board Chair, BluMetric Environmental Inc., Tel: 613.839.3053 x 240, Email: [email protected]; Robin M. Sundstrom, IRonside Investor Relations, Tel: 647.822.8111, Email: [email protected]
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